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To: puborectalis who wrote (29412)	8/13/1999 8:24:00 PM
From: Vendit™	Read Replies (2) \| Respond to of 41369

Steve Web TV is going to take the stock market by surprise and AOL is well positioned to suck up the major portion of the revenues that will be generated by this new toy. New Video Recorders A third big issue will be the implications of so-called personal video recorders, new machines from companies such as TiVo Inc. and Replay Networks Inc. that allow users to store programs and customize a lineup of their favorite shows. They also let users replay or pause during live programs as well as skip through commercials. One panel, which will include executives from TiVo and Replay, will discuss how big a threat these new devices are to broadcast and cable networks. The presentation will come a week after five of the world's largest media companies threatened to sue TiVo and Replay unless they agree to obtain licenses to use network programming. ''The copyright owners are rattling their sabers,'' said Gerbrandt. Kagan prides itself on relatively small conferences that include heavyweights from companies and the investment community. The ''Digital Household'' conference was co-founded by Gerbrandt in 1997 to explore how digital technologies will transform consumer products and everyday households. ''We've got a number of industries that are facing pressure points, and we've got a ringside seat,'' Gerbrandt said. Message 10948976